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Podcast: Principles of Microeconomics (Video)
Episode:

The Balance of Industries and Creative Destruction
Category: Education
Duration: 00:07:38
Publish Date: 0000-00-00 00:00:00
Description: Why are price signals and market competition so important to a market economy? When prices accurately signal costs and benefits and markets are competitive, the Invisible Hand ensures that costs are minimized and production is maximized. If these...
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